Asia extends stocks rally as U.S. GDP data calms nerves

August 28, 2015 6:43 AM

52
0

SINGAPORE/TOKYO Asian markets extended a global rally into second day on Friday, as upbeat U.S. economic growth data calmed sentiment following the hammering shares across the region took earlier in the week.

European stocks were poised to follow suit, and oil markets were following on from the biggest one-day rally in crude prices for six years, that was seen on Thursday.